Remgro Balance Sheet Health
Financial Health criteria checks 6/6
Remgro has a total shareholder equity of ZAR119.8B and total debt of ZAR5.9B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ZAR139.8B and ZAR20.0B respectively. Remgro's EBIT is ZAR2.7B making its interest coverage ratio -3.8. It has cash and short-term investments of ZAR9.5B.
Key information
4.9%
Debt to equity ratio
R5.90b
Debt
| Interest coverage ratio | -3.8x |
| Cash | R9.49b |
| Equity | R119.82b |
| Total liabilities | R20.01b |
| Total assets | R139.83b |
Recent financial health updates
No updates
Recent updates
We Think The Compensation For Remgro Limited's (JSE:REM) CEO Looks About Right
Nov 21
Remgro Limited's (JSE:REM) Price Is Out Of Tune With Revenues
Oct 28Remgro Limited (JSE:REM) Investors Are Less Pessimistic Than Expected
Jul 11Investor Optimism Abounds Remgro Limited (JSE:REM) But Growth Is Lacking
Mar 13Why We Think Shareholders May Be Considering Bumping Up Remgro Limited's (JSE:REM) CEO Compensation
Nov 28Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Jun 27Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Feb 24This Is Why We Think Remgro Limited's (JSE:REM) CEO Might Get A Pay Rise Approved By Shareholders
Nov 24Here's Why We Think Remgro (JSE:REM) Might Deserve Your Attention Today
Nov 11There Is A Reason Remgro Limited's (JSE:REM) Price Is Undemanding
Oct 01Financial Position Analysis
Short Term Liabilities: REM's short term assets (ZAR26.8B) exceed its short term liabilities (ZAR13.0B).
Long Term Liabilities: REM's short term assets (ZAR26.8B) exceed its long term liabilities (ZAR7.0B).
Debt to Equity History and Analysis
Debt Level: REM has more cash than its total debt.
Reducing Debt: REM's debt to equity ratio has reduced from 19.3% to 4.9% over the past 5 years.
Debt Coverage: REM's debt is well covered by operating cash flow (80.9%).
Interest Coverage: REM earns more interest than it pays, so coverage of interest payments is not a concern.